Yen steadies after historic intervention; BofA cuts year-end USD/JPY forecast to 149
The yen steadied at 157.72 per dollar on Wednesday after last week's coordinated US-Japan intervention, while the dollar hovered near…
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Fed’s Cook says she’s ready to raise rates if inflation doesn’t ease
Fed Governor Lisa Cook said Wednesday that persistent inflation could force the central bank into a rate increase, even after…
USD/JPY intervention stalls at 157.70 as traders await Washington’s next move
Washington's intervention in the yen trade has stalled, with USD/JPY stuck at 157.70 days after the US Treasury moved to…
Dollar Falls to Seven-Week Low as Yen Holds Intervention Gains
The U.S. dollar index dropped to a seven-week low on Wednesday as hopes grew for a deal to reopen the…
Dallas, New York Fed banks to launch pilot survey of private credit market
The Dallas and New York Federal Reserve banks will launch a pilot survey of the private credit market after the…
